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ASHA CORP. SELECTS FINANCIAL PUBLIC RELATIONS FIRM

 SANTA BARBARA, Calif., Jan. 5 /PRNewswire/ -- ASHA Corp. (OTC: ASHA), a research and development organization dedicated to developing commercially innovative automotive products, today announced it has chosen Irvine, Calif.-based Corporate Relations Group to handle its investor relations program.
 Corporate Relations Group (CRG), is a full-service financial public relations firm which specializes in mid-sized NASDAQ listed companies. Under a one-year agreement, CRG will implement a four-part investor relations program, including stockbroker relations, media relations, shareholder communications, and investor generation.
 ASHA Corp. licenses Gerodisc(TM), a hydraulic limited slip differential device which provides tractional assistance to both wheels of an axle and currently has an agreement with New Venture Gear, the world's largest manufacturer of four-wheel drive components.
 ASHA is in a co-development program and is currently negotiating a licensing agreement with Ford Motor Co. for multiple applications for Gerodisc(TM).
 -0- 1/5/94
 /CONTACT: Valarie Valencia, secretary/treasurer of ASHA, 805-683-0441; or Shannon Squyres or Cheryl Baldridge of Corporate Relations Group, 714-955-1860/
 (ASHA)


CO: ASHA Corp. ST: California IN: SU:

JP-JM -- LA020 -- 9332 01/05/94 12:01 EST
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Publication:PR Newswire
Date:Jan 5, 1994
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